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$ 899,000

Est. payment -/mo

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Active

600 E 87th ST Los Angeles, CA 90002

5,501 Sqft Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25068898

HOA Y/N No

Year Built 1947

Lot Size 5,501 Sqft

Property Sub-Type Apartment

Property Description

Discover this prime investment opportunity—a 5-unit apartment complex situated on a corner lot near Manchester Avenue and the 110 Freeway. This property offers convenient access to major transportation routes, making it an ideal location for tenants seeking connectivity to downtown Los Angeles, LAX, and surrounding neighborhoods. All five units are currently tenant-occupied with long-term residents, providing stable rental income from day one. Recent upgrades include electrical sub-panels for each unit, enhancing both safety and efficiency to meet today's electrical needs. Additional amenities include gated parking for tenant convenience and peace of mind. Set within a vibrant community undergoing continuous revitalization, this property is just minutes from local dining hotspots, grocery stores, and retail centers—making it a highly desirable location for renters. Whether you're looking to expand your portfolio or secure a steady income stream in one of L.A.'s most dynamic areas, this opportunity is not to be missed.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry None

Exterior

Parking Features On Site, Private, One Space

Fence Chain Link

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description Corner Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6042004015

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Janeth Boctor • Real Broker